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Sawlog prices have fallen faster in Europe

Sawlog prices have fallen faster in Europe than in the rest of the world for the past 18 months, with the ESPI Price Index reaching a five year low in the 3Q/15, reports the Wood Resource Quarterly

The European Sawlog Price Index (ESPI) has declined by almost seven percent in 18 months and in the 3Q/15, was at its lowest level in five years, according to the Wood Resource Quarterly. Since early 2014, sawlog prices in Europe have fallen faster than in most other lumber-producing countries around the world.

Hakan Ekstrom, Wood Resource Quarterly

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